Quote:
Originally Posted by sgtclub
Hard to tell from the article, but I suspect not. But I don't think your math is correct - you assume that $25B was spent on bonuses. I suspect it's much higher.
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Sure, but that gets into the funny accounting when tax revenues are concerned. If the rest of the $$ was paid back, it's safer to assume the bonuses would have been paid anyway, and only the marginal "free" $$ were actual, extra TARP-related bonuses. But I do think that all $25B can be deemed bonus pass-thrus.
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